Listen to the SF Daily podcast for today, December 3, 2025,
with host Lorrie Boyer. These quick and informative episodes cover
the commodity markets, weather, and the big things happening in
agriculture each morning.

The ag markets are feeling the impact of weather in South America and Black Sea conflicts on crop forecasts, with Brazil's soybean projection at 175 million metric tons. The US may see increased export demand due to these issues. The Federal Reserve's interest rate cut odds are 88% due to a softening labor market. China rejected Brazilian soybeans due to pesticide contamination, potentially shifting imports to the US. The CFTC report showed a net short position in corn and a bullish position in soybeans. Spain's African swine fever cases could boost US pork exports, while cattle futures rallied, and box beef prices declined.

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